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IEA: Oil markets to remain oversupplied in 2020 despite latest OPEC-plus cuts.

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    World crude oil markets are set to remain oversupplied next year despite the additional output cuts that OPEC and its allies recently pledged to enact, according to the International Energy Agency (IEA).

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    Posted by Jennifer Delay Iacullo
    Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.